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The mortgage industry of the United States is a major financial sector. The federal government created several programs, or government sponsored entities, to foster mortgage lending, construction and encourage home ownership.
The PMI Group is a holding company whose primary subsidiary is the PMI Mortgage Insurance Co. (PMI). The company was founded in 1972 by Preston Martin and is headquartered in Walnut Creek, California .
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What is a mortgage refinance? Refinancing a mortgage is when you get a new mortgage that pays off and replaces your existing one. The new loan can be with your same institution or with a different ...
Eliminate private mortgage insurance (PMI): If you have a conventional mortgage, you’re required to pay PMI if you made a down payment of less than 20%. PMI can be removed on your existing ...
When you buy a home with a mortgage, that mortgage is the first or primary lien on the property. A second mortgage is an additional lien tied to your home. In the case of down payment assistance ...
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